Integrated Device Technology, Inc. s in-depth stock price analysis indicates that the stock price has dropped -0.84% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 22.54% . Looking at the past 52 week period, the stock price is up at 46.82% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Integrated Device Technology, Inc. has a positive value of 15.26 compared to overall market. Integrated Device Technology, Inc. (NASDAQ:IDTI) has tumbled 1.19% during the past week and has dropped 1.03% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.99%. Integrated Device Technology, Inc. (NASDAQ:IDTI) has underperformed the index by 2.81% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Integrated Device Technology, Inc. (NASDAQ:IDTI) : On Friday heightened volatility was witnessed in Integrated Device Technology, Inc. (NASDAQ:IDTI) which led to swings in the share price. The stock opened for trading at $24.91 and hit $24.945 on the upside , eventually ending the session at $24.9, with a gain of 0.69% or 0.17 points. The heightened volatility saw the trading volume jump to 1,534,959 shares. The 52-week high of the share price is $26.66 and the company has a market cap of $3,322 million. The 52-week low of the share price is at $16.2199 .
Integrated Device Technology Inc Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.34. The company had revenue of $176.40 million for the quarter, compared to analysts expectations of $176.20 million. The companys revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Jan 31, 2017 to Buy, Raises Price Target to $ 28 from a previous price target of $25 .Integrated Device Technology Inc was Resumed by Pacific Crest to Overweight on Jan 4, 2017. Integrated Device Technology Inc was Initiated by Loop Capital to Buy on Dec 6, 2016.
Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Matthew D Brandalise (VP GENERAL COUNSEL) sold 9,500 shares at 25.53 per share price.On Nov 17, 2016, Norman P Taffe (director) sold 7,000 shares at 24.35 per share price.On Nov 17, 2016, John A Schofield (director) sold 5,000 shares at 24.68 per share price.
Integrated Device Technology, Inc. designs, develops, manufactures and markets a broad range of high-performance semiconductor products and modules. Applications for the companys products include data and telecommunications equipment, such as routers, hubs, switches, cellular base stations and other devices; personal computers; and networked peripherals and servers, such as RAID arrays, servers, and printers.